Myth Busting

Private health insurance isn’t worth it


When you’re sick or hurt – the last thing you want to do is wait.

Having private health insurance means you:

  • Are protected against high costs of care.
  • Don’t have to wait for hospital procedures.
  • Can tailor your extras to your lifestyle, meaning you are covered for the services you need most.
I’m young and healthy – I don’t need private health insurance


Unfortunately, ill-health or accidents can strike at any time regardless of age.

Young people with basic health cover are protected from high costs of care – and can choose the healthcare provider and timing of the procedure themselves.

If I did have private health insurance, I would have to pay extra out-of-pocket costs, which I can’t afford


  • Consumers can very easily sign up to ‘no gap’ and no excess cover – meaning they are covered for services by specialists who have agreed not to charge any extra
  • Out-of-pocket costs occur when hospitals or specialists who don’t have an agreement with your provider, charge you excess costs

Consumers should always check with specialists about any out-of-pocket costs they might incur.

I can get exactly the same healthcare if I use the public hospital system


In 2018-19, the median waiting time for elective surgery was 24 days for private health insurance-funded patients, compared to 44 days for public patients (Reference: AIHW report).

  • Private health insurance allows you to choose your healthcare provider
  • The timing of your procedure
  • Be treated by a fully-trained specialist throughout your treatment
It’s not my responsibility to take out private health insurance to prop up the public health system


  • Private health insurance is voluntary, but all Australians benefit when the private health sector works well.
  • Private health insurance takes pressure off public hospitals.
Private health insurance is for the rich


Half of all Australians who have PHI have disposable incomes under $50,000 a year.